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Bio solvents are environmentally friendly solvents or biosolvents derived from biomass, such as plants, trees or animals (the biomass can have undergone physical, chemical or biological treatment).
North America is a major bio solvents consumer and accounted for over one-third of total market volume in 2013. The regional is characterized by high level of awareness regarding health and environmental effects of conventional solvents coupled with stringent environmental regulations. Increasing construction spending by the U.S. government to improve public infrastructure in the region is expected to drive paints & coatings demand which in turn is expected to have a positive impact on the regional bio solvents market over the forecast period. Recovery of U.S. automotive industry after a slump due economic recession is also expected to have a positive impact on the regional bio solvents market. Asia Pacific is touted to register significant growth rate on account of growing construction and automotive industries. Rapid industrialization in emerging markets of China and India are expected to drive adhesives and sealants demand. This trend coupled with growing concerns regarding degradability of conventional solvents is expected to drive further the Asia Pacific market growth.
Market Analysis and Insights: Global and Japan Bio Solvents Market
This report focuses on global and Japan Bio Solvents QYR Global and Japan market.
The global Bio Solvents market size is projected to reach US$ 9860.8 million by 2026, from US$ 6857.7 million in 2020, at a CAGR of 6.2% during 2021-2026.
Global Bio Solvents Scope and Market Size
Bio Solvents market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Bio Solvents market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Bio Solvents market is segmented into
Bio-Alcohols
Bio-Glycols & Diols
Lactate Esters
D-Limonene
Methyl Soyate
Segment by Application, the Bio Solvents market is segmented into
Industrial & Domestic Cleaners
Paints & Coatings
Adhesives
Pharmaceuticals
Cosmetics
Regional and Country-level Analysis
The Bio Solvents market is analysed and market size information is provided by regions (countries).
The key regions covered in the Bio Solvents market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa. It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Bio Solvents market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Bio Solvents business, the date to enter into the Bio Solvents market, Bio Solvents product introduction, recent developments, etc.
The major vendors covered:
BASF SE
Huntsman Corporation
DowDuPont
Vertec BioSolvents Inc.
Florida Chemical Company
Cargill Incorporated
Galactic
Gevo
Pinova Holdings INC
Myriant
LyondellBasell
Solvay
Akzo Nobel
North America is a major bio solvents consumer and accounted for over one-third of total market volume in 2013. The regional is characterized by high level of awareness regarding health and environmental effects of conventional solvents coupled with stringent environmental regulations. Increasing construction spending by the U.S. government to improve public infrastructure in the region is expected to drive paints & coatings demand which in turn is expected to have a positive impact on the regional bio solvents market over the forecast period. Recovery of U.S. automotive industry after a slump due economic recession is also expected to have a positive impact on the regional bio solvents market. Asia Pacific is touted to register significant growth rate on account of growing construction and automotive industries. Rapid industrialization in emerging markets of China and India are expected to drive adhesives and sealants demand. This trend coupled with growing concerns regarding degradability of conventional solvents is expected to drive further the Asia Pacific market growth.
Market Analysis and Insights: Global and Japan Bio Solvents Market
This report focuses on global and Japan Bio Solvents QYR Global and Japan market.
The global Bio Solvents market size is projected to reach US$ 9860.8 million by 2026, from US$ 6857.7 million in 2020, at a CAGR of 6.2% during 2021-2026.
Global Bio Solvents Scope and Market Size
Bio Solvents market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Bio Solvents market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Bio Solvents market is segmented into
Bio-Alcohols
Bio-Glycols & Diols
Lactate Esters
D-Limonene
Methyl Soyate
Segment by Application, the Bio Solvents market is segmented into
Industrial & Domestic Cleaners
Paints & Coatings
Adhesives
Pharmaceuticals
Cosmetics
Regional and Country-level Analysis
The Bio Solvents market is analysed and market size information is provided by regions (countries).
The key regions covered in the Bio Solvents market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa. It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Competitive Landscape
and Bio Solvents Market Share AnalysisBio Solvents market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Bio Solvents business, the date to enter into the Bio Solvents market, Bio Solvents product introduction, recent developments, etc.
The major vendors covered:
BASF SE
Huntsman Corporation
DowDuPont
Vertec BioSolvents Inc.
Florida Chemical Company
Cargill Incorporated
Galactic
Gevo
Pinova Holdings INC
Myriant
LyondellBasell
Solvay
Akzo Nobel
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
